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    Global Macro Trading Journal

    The Japanese are fueling the bid now. Pull up a chart of the JPY and SPX from 1995 to 1997 to see the analog. Granted, this time US treasury yields can't go much lower so the consumer debt cycle will not be as self reinforcing, but that probably does not matter much until the JPY prints 120.
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    First 30 minutes of the Open

    The ES is a derivative of an index of individual stocks. That index and the underlying components are being traded across multiple exchanges and redundant products. Plus the index is heavily arbed and hedged all day long. Watching the DOM is a waste of time IMO. Watching the NYSE and Nasdaq...
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    Pyramid positions

    In my view a proper pyramid is built using multiple valid setups in the same instrument whereby the risk of each setup is managed independently. You have to set a maximum position size for the instrument to acknowledge the risk of a fast market or gap event, and you do not take a setup if the...
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    ES DOM Games

    I'm looking for some interpretation from order flow oriented ES traders regarding a few of the games I see in the ES DOM every day. Three specifically come to mind: 1. The 5,000+ orders on the responsive side of the market during trends. In my limited experience this seems to terminate the...
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    Fidelity stalled

    www.interactivebrokers.com 10k minimum acccount size customer service is average commissions competitive for limit and most retail size market orders
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    Fidelity stalled

    I am not a day trader on a normal day but yesterday was not normal and I found myself in daytrader mode. I use Fidelity and IB. Fidelity ATP was a nightmare yesterday during the panic and cost me serious change as I covered shorts into the bounce. It is just too slow. IB was fast and...
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    Deciding on a Backtesting and Trading Platform

    I believe the topic was the use of historical fundamental data in backtesting. You can get a few items from Yahoo this way through web scraping or to some degree using Amibroker. Alternatively Worden's StockFinder has historical data from Morningstar, though I have found it to be hit and miss...
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    Money multiplier may be ramping up

    Yes on an accounting basis but my premise is that alot of the excess reserves are there as insurance against future additions to reserves for losses or perhaps a run on the bank in the context of rising reserves for losses. See...
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    Money multiplier may be ramping up

    In simple terms consumer cash flows lead everything else in the real economy. The sequence to watch is money rates, then employment and consumer debt issuance. We have low money rates, but employment is not rising yet and consumer debt issuance is still falling. If you want simple metrics to...
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    Money multiplier may be ramping up

    Actually falling excess reserves could be due to new credit issuance or to the Fed pulling back said reserves. So in my view you would be better off watching private debt issuance directly or anticipating that metric using employment, new housing starts, and perhaps some high frequency lending...
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    Money multiplier may be ramping up

    Yes but I 'm looking at the bigger picture. In my view the trend in total reserves matters more than the trend in required reserves when the banks are hoarding excess reserves against future losses and also because the Fed is paying them to sit on said reserves. I believe you have to see...
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    Money multiplier may be ramping up

    I'm not following you. Most of the excess reserves are excess in name only as the banks put aside extra reserves against the losses they expect across their loan portfolios. The fact that these are getting converted to required reserves suggests they are taking the losses for which the excess...
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    Deciding on a Backtesting and Trading Platform

    I believe the intent is "StockFinder" per my prior posting. If so, see Worden's web site.
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    NeoTicker discussion

    Did you have to tune NeoTicker's caching settings to get the Quote Window to hum with indicator columns? Also are you still using the NeoTicker DDE link successfully?
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    Anyone travel the world all while trading?

    You may want to host your trading workstation in a data center and use RDC to access. Being risked up without your normal setup is a real mind &$#^. Better to have someone watching over it than try to tote it around the globe or hope your home setup runs 24X7 for months at a time.
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    Portfolio Management software

    Fund Manager is a step up from Quicken.
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    eSignal 11 Preview

    I'm trying out MultiCharts on top of the Esignal Data Feed to get item 2. So far it has performed well so I'm starting to run it as my full front end in place of Esignal. This is a glaring functional gap in Esignal.
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    Data Services

    Can anyone recommend an affordable source for global economic series? Integrated charting would be nice but I'll take raw series too. Basically I'm looking for the most affordable alternative to Thomson Datastream. Examples include Haver, Moody's Databuffet, Global Insight, etc. But I have...
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    Deciding on a Backtesting and Trading Platform

    cascade - Have you tried importing historical company fundamentals into AB using Quotes Plus or Telechart data? Both seem to have historical fundamentals but I can't tell if AB supports them when importing. droskill - I noticed you have posted in the AB yahoo group on this topic. I gather...
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    Deciding on a Backtesting and Trading Platform

    cascade - are you able to import fundamental data series into amibroker or just the current fundamental snapshot from Yahoo. Also, if you are importing fundamental data series, does the series have to be associated with a ticker? For example, can you import economic data series and chart them...
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